I was looking at more of percentage per vehicle/type. I ran through the numbers for the first 4 vehicles in this video. Comparing profit before repair+repaint versus post repair+repaint, the truck saw 20.97% higher profit, the Veriofex trailer saw 51.75% higher profit, the SVL loader saw 49.93% higher profit, and the Krone swadro saw 29.62% higher profit. With the Ropa at 34:30, that one is 50.6% higher profit. Granted if you're making over $10k profit in just a few minutes, the percentage doesn't really matter. I don't have enough info to determine what would account for the highest profit percentage, vehicle type, month/time of year, etc, it is unknown. Would the trailer and loader be worth more in the later harvest months and less in the spring planting season? Do passenger vehicles always have low profit percentage? would the Krone swadro value increase in spring/summer months when demand for it would be higher?
@bddgaming9838Күн бұрын
Hello Mike K4ISR, These are all amazing questions. My "knee jerk" reaction to them would be to say the timings don't influence the pricing but that is just a guess. With all the timing and possibilities for items that come up on the sale list it would be very hard to come up with a definitive answer without investing a large amount of time into the research. I hope you enjoyed the video and the thought behind it. I also hope you have a fantastic day and take care!
@Jimbleborg10 күн бұрын
Just looked at a couple of items to see percentage profit. the Albutt Silage Fork made a profit of 432, whilst the John Deere Cotton Harvester made a profit of 44,922. Both of these figures represent 9.08% of the price you sold them back to the dealers for. This suggests that if the big ticket items aren't appearing in the sale it is worth while to buy and sell the small items in the meantime.
@bddgaming983810 күн бұрын
Hello Jimbleborg, You are 100% correct. Getting what you can is good but those big ticket items will bring in the hard cash fast. Thank you so much for the additional context. Hope you have a fantastic day and take care!
@CryMeARiver6310 күн бұрын
This is some very informative information you have done for us . Thanks to you and Mr. Sealy p for all the hard work you two do to bring us this information. I like to purchase used vehicles to save money but never thought about something like this to make money , lol . Thank you and you , your family Take care .😊
@bddgaming983810 күн бұрын
Hey CMAR, You are very welcome! I would have never of thought of this either but it was a lot of fun to explore. I hope you have a fantastic day and take care!
@cmdr_stretchedguyКүн бұрын
When you see those good sales on higher priced items, take enough for a loan, buy it, fix it, paint it, sell it, then immediately repay the loan.
@bddgaming9838Күн бұрын
Hello Mike K4ISR, That is a good idea. It allows you to buy the equipment that may be out of your range and make the profit without committing to the loan. Thank you for the idea. Hope you have a fantastic day and take care!